2024 Revenue
$10.1M(Est.)
Customers
100K
Funding
$0
Avg ACV
$101
Team
70
Founded
1990
Cashfac Revenue (2024)
Provider of an online cash management platform intended to manage money easily. The company's platform uses Virtual Bank Technology (VBT) which transforms corporate banking services, enabling corporates and business banking clients to manage their money over the cloud in a hassle free way.
Last updated
Cashfac Revenue
In 2024, Cashfac's revenue reached $10.1M. The company previously reported $5.8M in 2023. Since its launch in 1990, Cashfac has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Cashfac Hit $10.1m revenue in October 2024 | Estimated |
| 2023 | Cashfac Hit $5.8m revenue in December 2023 | Estimated |
| 2021 | Cashfac Hit $5.6m revenue in April 2021 | |
| 1990 | Launched with $0 revenue |
Cashfac Valuation, Funding Rounds
Cashfac is a bootstrapped Digital Banking Platforms startup. Founded in 1990, Cashfac has grown to $10.1M in revenue without raising any venture capital or outside funding.
As a self-funded Digital Banking Platforms SaaS company, Cashfac has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Richard Cummings
CEO
CEO of Cashfac from April 2014 upto present. He help their customers better manage their money by delivering transparency, control and compliance to their cash management lifecycle. They have a rapidly expanding client base and are growing their operations internationally.
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Customers
Cashfac serves 100K customers.
Cashfac Employees & Team Size
Cashfac employs approximately 70 people as of 2026, up from 63 in 2023. It serves 100K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 70 employees (December 2024) | |
| 2024 | Reached 68 employees (October 2024) | |
| 2023 | Reached 63 employees (December 2023) | |
| 2022 | Reached 65 employees (December 2022) | |
| 2021 | Reached 73 employees (December 2021) | |
| 2021 | Reached 77 employees (April 2021) |
Frequently Asked Questions about Cashfac
What is Cashfac's revenue?
Cashfac generates an estimated $10.1M in annual revenue.
Who founded Cashfac?
Cashfac was founded by Richard Cummings.
Who is the CEO of Cashfac?
The CEO of Cashfac is Richard Cummings.
How much funding does Cashfac have?
Cashfac is bootstrapped and has not raised outside funding.
How many employees does Cashfac have?
Cashfac has 70 employees.
Where is Cashfac headquarters?
Cashfac is headquartered in London, England, United Kingdom.
Compare Cashfac to the industry
Cashfac operates across multiple industries. Browse revenue, funding, and growth data for Cashfac in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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